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Chile has a highly globalized domestic market with several Free Trade Agreements in place including the United States and China. Purchasing power is one of the highest in the region and the high adoption of local credit and debit cards enables eCommerce merchants to quickly gain traction.

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Chile

Chile

Countries

Payment Methods Available in Chile

Cash Payments

  • Klap
  • Starken
  • Los Heroes
  • OnePay

Credit, Debit, Prepaid Cards

  • MasterCard
  • American Express
  • Diners
  • Red Compra

Bank Transfers

  • Banco BCI
  • Banco Bice
  • Banco Consorcio
  • Banco Credi Chile
  • Banco de Chile
  • Banco Estado
  • Banco Falabella
  • Banco Internacional
  • Banco Itau
  • Banco Security
  • Scotiabank
Indicadores

eCommerce Market
in Chile

One of the highest internet penetration levels in Latin America with 25 million mobile connections and 16million active users on social networks.

  • Online sales

    In 2020 ecommerce in Chile generated more than 9,423 million dollars in sales. Representing 11% of total sales.

  • Online sales revenue

    By 2021 it is projected to reach sales of a total of 12,000 million dollars. Growing over the previous year by 25%

  • Online shopping penetration

    The online shopping penetration of users will be 63% in 2021

Chile

Payment Method Matrix

With a highly banked population, 74% of its population has an account with a banking institution.

66%

Local credit + debit cards

18%

Cash Networks

7%

Other (Prepaid)

9%

Bank Transfer